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What Is Balance Of Trade Of India?
deffinition ofbalance of trade of India? what is balance of trade of India? give the detail this question.
A trade surplus is generally known as a?
positive balance of trade.
Which colonies had the best balance of trade with the mother country?
The middle colonies had the best balance of trade with england.
How does trade influence culture?
* Immigration increases as trade increases. * International tourism increases. * A nation imports other cultures with imported goods. * A nation exports its culture with its products.
What did Britain do to correct its balance of trade with China?
sell opium
What is the difference in value between what a nation imports and what it exports over time?
The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.
What is the name when the value between a nation imports and what it exports over time?
Balance of trade
Why a nation can have a favorable balance of trade and a unfavorable balance of payment?
it shows up as a trade deficit with the soncumer-goods-exporting nation.
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
What is the balance of trade?
The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports.
How do fluctuations to the international exchange rate of a nation's currency affect its balance of trade?
Helps the balance.
What is the difference between the balance of trade and the balance of payments?
the balance of trade is how much you receive the balance of payment is how much you pay
Nation's imports and its exports is referred to as?
Net exports or the balance of trade.
What was the primary objective of mercantilism?
Was to enrich the nation by fostering a favorable balance of trade.
Balance of trade?
The difference between the value of imports and exports of a country is the balance of trade. It is a country's largest component of balance of payments.
Balance trade is more important to a nation so that they can become what?
so they can become something
Balance of trade in a sentence?
The balance of trade (or net) is the difference between monetary value of exports and imports of output in an economy.
